We want the to be able to have more buying power later this year as well so we don’t want to jeopardize the debt to income ratio of both of the  partner?

Bad for agents who make a killing selling high end homes.

Monthly New Job market numbers are initially released high and revised down a few months later to camouflage the issue.

Please take time to read the stories posted here and in the syndication thread of discontinued distributions, lack of updates, loss of principal, phony syndiators pleading guilty to Ponzi schemes, etc.

This type of product carries high risk. 

Coming from someone who bought their first investment properties out-of-state, I would highly recommend it!

If you rent this condo out and it brings in some positive cashflow, and then you move into a multifamily say 4 unit with an FHA or even conventional loan, you'll probably be spending about $40k-$50k all in on a high quality property.

The As are likley too high value for most investors. 

Screaming high / fast interest rates employed by the Fed, $10 Trillion in federal spending, extremely low home sales, corporate earnings revised lower and lower, inverted yield curve for Treasury Bonds, etc…, all indicated a recession on the horizon.

While the BRRRR strategy can be highly effective in the right conditions, the current market conditions in Indianapolis (characterized by flat rent prices and high-interest rates) pose significant challenges.